425 Prospect St

Peterson, MN 55962

$565,000
Price
12
Beds
5,780 Sq. Ft.
$98 / Sq. Ft.
5,780
Sq. Ft.
$98
per Sq. Ft.
Get preapproved with Rocket Mortgage1

Description

If your craving real peacefulness, The Wen Inn delivers in the best way. Located in the incredibly silent, safe and welcoming town of Peterson, near Lanesboro and 40 minutes south of Rochester, only 2 hours from the cities! This beautifully restored historic Victorian era Inn offers the kind of calm you can feel the moment you step onto the porch— quiet streets, helpful neighbors, and a true small-town sense of comfort. This character-rich property blends old school timeless charm with major modern...If your craving real peacefulness, The Wen Inn delivers in the best way. Located in the incredibly silent, safe and welcoming town of Peterson, near Lanesboro and 40 minutes south of Rochester, only 2 hours from the cities! This beautifully restored historic Victorian era Inn offers the kind of calm you can feel the moment you step onto the porch— quiet streets, helpful neighbors, and a true small-town sense of comfort. This character-rich property blends old school timeless charm with major modern updates already completed. Fully furnished, rehabbed and thoughtfully cared for, it offers exceptional flexibility as a spacious private residence, live-work home, or hosted retreat-style getaway. Set at the center of the Root River Trail, the Wen enjoys a peaceful yet vibrant location loved for biking, gatherings, and seasonal community events—including Norwegian Gamel Dag and a summer concert series. Significant capital improvements provide peace of mind, including fully updated electrical, plumbing, zoned heating, 53 Andersen windows in excellent condition, and new roofs completed in 2023, including rubber roof sections and seven skylights. A three-car garage on a private alley adds serious practicality, complete with multiple electric plug-ins and a Level 2 Tesla charger. With over 5000 square feet above ground, additional space is also found in the full-height, drain-tiled basement. The warm, dry, space with thick limestone walls and a poured floor is a perfect speakeasy-style lounge, with additional room for a studio, gym, or living area. Inside the main building you’ll find multiple bedrooms, generous gathering spaces, and a huge covered front porch that truly becomes a favorite “room” of the home. There are several staircases for flexibility of use, and all facilities including laundry on the main level. A full-price offer includes replacement of the remaining back decking, inclusion of all Inn keeping business systems, and the owner available to assist with a smooth transition. The layout lends itself to being a large single family home with up to 4 rental units in the carriage house to cover costs! This is a rare opportunity to own a beautifully updated historic property in one of the most peaceful corners of Southeast Minnesota.
  1. Listed by National Realty Guild
  2. Listed by National Realty Guild

Property Details for 425 Prospect Street

Subdivision Name
Peterson Original
Zoning Jurisdiction
Residential-Single Family
LISTING UPDATED: 04/21/2026 10:06 AM

Property Details for 425 Prospect Street

StatusActive
MLS #7003876
Days on Compass16
Taxes$2,864 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family
Year Built1904
Lot Size0.11 AC / 4,965 SF
CountyFillmore County
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Location

Listing Courtesy of National Realty Guild
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Building Information for 425 Prospect Street

Stories-Year Built1904Building Size-Lot Size0.11 AC / 4,965 SF

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$3,084 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,845

Property Taxes

$239

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 425 Prospect Street

Summary
Location and General Information
  • City Name: Peterson
  • County Or Parish: Fillmore
  • County: Fillmore-MN
  • Directions: south on Hwy 25, becomes Church street, after curve into town, turn right on Prospect and angle park in front of 425 Prospect
  • Latitude: 43.7855030086
  • Longitude: -91.8342464578
  • Map Coordinate: 999-A1
  • City and Location: Peterson
  • City and Location Text: Peterson(MN)
  • Postal Code: 55962
  • State Or Province: MN
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 070105000
  • Tax Annual Amount: $2,864.00
  • Tax Legal Description: PETERSON ORIGINAL PLAT LOT-1-2 BLOCK-005 E 28' OF LOT 1 & ALL LOT 2 BLK 5
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2025
  • Tax With Assessments: 2864
School Information
  • High School District: 1133 - Rushford-Peterson
  • School District Number: 1133
  • School District Phone: 5078647785
Property
Lot Information
  • Above Grade Fin SQFT: 5220.0
  • Below Grade Fin SQFT: 560.0
  • SQFT Total: 5780.0
  • Living Area Units: Square Feet
  • Lot Size Area: 0.114
  • Lot Size Dimensions: 78 x 100
  • Lot Size Units: Acres
  • Other Structures: Second Residence
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family
  • Property Type: Residential
  • SQFT Main Total: 2300
  • Building Area Total: 6883.0
  • Above Grade SqFt Total: 5220
  • Below Grade SqFt Total: 1663
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: Partially Wheelchair, Wheelchair Ramp(s)
  • Exterior Features: Wood
  • Fencing: Other, Partial
  • Foundation Area: 1663.0
  • Foundation Details: Slab, See Remarks, Stone
  • Fuel: Electric,Natural Gas
  • Road Frontage Type: City Street
  • Roof: Age 8 Years or Less, Architectural Shingle, Flat, Pitched, Rubber
  • Patio Porch Type: Covered,Deck,Front Porch,Rear Porch
Interior Features
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Other, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Basement Type: Drain Tiled, Drainage System, Full, Partially Finished, Storage Space
  • Amenities Unit: Ceiling Fan(s),French Doors,Kitchen Window,Main Floor Primary Bedroom,Paneled Doors,Porch,Skylight,Tile Floors,Washer/Dryer Hookup,Walk-Up Attic
  • Bath Desc: Bathroom Ensuite,Full Primary,Private Primary,Main Floor 1/2 Bath,Main Floor Full Bath,Upper Level Full Bath,Jetted Tub
  • Bathrooms Full: 10
  • Bathrooms Half: 1
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total Count: 11
  • Bedrooms Total: 12
  • Fireplace Features: Gas
  • Fireplaces Total: 1
  • FireplaceYN: Yes
  • Cooling: Central Air
  • Dining Room Description: Eat In Kitchen,Informal Dining Room,Separate/Formal Dining Room
  • DP Resource: Yes
  • Garage Dimensions: 20 x 30
  • Garage Door Height: 7
  • Garage Door Width: 16
  • Garage Square Feet: 640
  • Heating: Baseboard, Forced Air, Zoned
  • Laundry Features: Laundry Room, Main Level, Washer Hookup
  • Levels: More Than 2 Stories
  • Room List: Bar/Wet Bar Room, Dining Room, Bedroom 5, Bedroom, Bedroom 4, Foyer, Kitchen, Laundry, Bedroom 2, Sitting Room, Bedroom 6, Sun Room, Bedroom 3
  • Basement YN: Yes
Room Information
Room 1
  • Room Level: Main
  • Room Type: Bar/Wet Bar Room
Room 2
  • Room Level: Main
  • Room Type: Dining Room
Room 3
  • Room Level: Second
  • Room Type: Bedroom 5
Room 4
  • Room Level: Main
  • Room Type: Bedroom
Room 5
  • Room Level: Second
  • Room Type: Bedroom 4
Room 6
  • Room Level: Main
  • Room Type: Foyer
Room 7
  • Room Level: Main
  • Room Type: Kitchen
Room 8
  • Room Level: Main
  • Room Type: Laundry
Room 9
  • Room Level: Second
  • Room Type: Bedroom 2
Room 10
  • Room Level: Main
  • Room Type: Sitting Room
Room 11
  • Room Level: Third
  • Room Type: Bedroom 6
Room 12
  • Room Level: Main
  • Room Type: Sun Room
Room 13
  • Room Level: Second
  • Room Type: Bedroom 3

Property History for 425 Prospect Street

DateEvent & SourcePriceAppreciation
Mar 22, 2026

Price Change

NorthStar #7003876

$565,000—
Feb 16, 2026

Price Change

NorthStar #7003876

$599,900—
Jan 29, 2026

Listed (Active)

NorthStar #7003876

—
DateEvent & SourcePrice
03/22/2026

Price Change

NorthStar #7003876

$565,000
02/16/2026

Price Change

NorthStar #7003876

$599,900
01/29/2026

Listed (Active)

NorthStar #7003876

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 425 Prospect Street

Taxable ValueLand$13,900Additions$221,200Total$235,100
Tax Record2025$2,864 ($239 / month)
Home Facts
Beds9Total Finished SqFt4,121 SqFtAbove Grade Finished SqFt4,121 SqFtStyleSingle Family ResidenceYear Built1904Year Renovated1920CountyFILLMOREAPN07.0105.000

Schools near 425 Prospect Street

This home is within Rushford-Peterson Public Schools.
Rating
School
Type
Grades
Distance
Rushford-Peterson Elementary School
Public - PK to 5
Rushford-Peterson Middle School
Public - 6 to 8
Rushford-Peterson Senior High School
Public - 9 to 12
Rating
School
Distance
Rushford-Peterson Elementary School
PublicPK to 5

Rushford-Peterson Middle School
Public6 to 8

Rushford-Peterson Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 425 Prospect Street, Peterson, MN 55962

425 Prospect Street is a single family home for sale in Peterson, MN 55962. This property was listed for sale on January 29, 2026 by National Realty Guild, it's currently listed at $565,000. It has been on the market for a total of 16 days and was last sold on January 31, 2024. This listing's school district is Rushford-Peterson Public Schools. Nearby schools include Rushford-Peterson Elementary School, Rushford-Peterson Middle School and Rushford-Peterson Senior High School. 425 Prospect Street is a 12-bed, 11-bath, 5,780 sqft single family home built in 1904.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of National Realty Guild

Based on information submitted to the MLS GRID as of 04/21/2026 10:06 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.